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IT industry to grow at 7-8 percent: Nasscom

IT industry to grow at 7-8 percent: NasscomHyderabad, June 22 (IANS) Nasscom has projected 7-8 percent growth in India's IT industry in 2017-18.

It announced Thursday that the IT-BPM export revenues were expected to grow 7-8 percent while revenues from domestic market was likely to grow by 10-11 percent.

The apex industry body gave this guidance, citing improvement in financial services and high potential in digital businesses as key drivers.

 

Nasscom Chairman Raman Roy told reporters that the industry was expected to add 1.3 to 1.5 lakh new jobs during the year.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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IT industry to grow at 7-8 percent: Nasscom

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

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